Wednesday, June 17th, 2009
I often get asked, “When is the best time to buy a new car?” While it ultimately depends on an individual’s personal circumstances, there are specific times to go car shopping in order to get the best deal. Besides learning to properly negotiate with car dealers, there are few things more pivotal to getting the best deal than finding exactly when is the best time to buy a new car. There are three times to consider: time of the week, time of the month, time of the year.
The best time to buy a new car during the week is on a weekday. Weekdays are car dealerships’ slowest times. Not only will car dealers be willing to show you much more attention, they will also be more eager to give you a better deal in order to move more cars off their lot.
The best time to shop for a car during any given month is generally toward to end of the month. Most car dealers have monthly quotas to meet. They will be highly motivated to sell as many cars as possible during the end of each month to meet those quotas, especially if the month was unusually slow.
Finally, the best time to purchase a new car during the year is usually between the months of August and November. Why is that? This is the time of year that most car manufacturers release new models for the coming year. During this time car dealers are scrambling to sell last year’s models to make room for the new models.
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Wednesday, June 17th, 2009
When you are car shopping it is important to compare deals before making your choice. If you don’t want a specific brand then you may get a much better deal if you shop around rather than going with the first price you receive, even if it seems like a good deal to you. And even if you are going with a specific brand one dealership may give you a better deal than another if they have old stock they are looking to move, such as last year’s model. Most dealerships will guarantee the quotes they give you until the end of the month, as the leasing companies typically change their rates and incentives month to month, so you will have time to do a little shopping.
There are countless numbers of cars available to lease, whether you’re looking for a brand new vehicle or looking to take over someone else’s existing lease you’re sure to find a large variety of options available to you. These days it can be as simple as the click of your mouse to find information on lease rates or to find people who are looking to get out of their lease. Pretty much any brand of vehicle you could ever want is available to be leased, with the exception of vehicles that are no longer in production and are more than a couple of years old. If there is a vehicle you’re interested in leasing that has been discontinued in the last year or two you may still have a chance of finding someone who is looking to have someone take over their lease on just the vehicle you are looking to lease.
Leasing can seem very confusing and complex to an inexperienced buyer, but if you just do a little reading and research ahead of time you can feel confident when talking to a sales person that you know what’s going on. It is also important to do some research because a little known fact about leasing a new vehicle is that the price of the vehicle is negotiable, whether you are leasing or purchasing. Not many people realize this and dealerships certainly aren’t going to try to sell you the vehicle at a lower price than the sticker says, but unless the dealership already has a special going on which is lower than the window sticker price, you can be fairly certain that there is room to haggle.
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